Gospel For Asia

245 King St. East
Stoney Creek, ON L8G 1L9
Vice President: Vrij Lal L Raniga
Founder: Dr. Kadappilaril P. Yohannan

Website: www.gfa.ca
Charitable Reg. #: 10744 1834 RR0001
Sector: Religion
Operating Charity

Social Results Reporting

Grade: C-

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #18

Avg. Compensation $35,415

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 3
< $40k 7
Information from most recent CRA Charities Directorate filings for F2013

About Gospel For Asia:

Gospel for Asia (GFA), founded by KP Yohannan, is regarded as one of the most significant missionary movements of the late 20th century. Based in Texas, it works in India, Sri Lanka, Nepal, Myanmar, Bangladesh, Cambodia, Laos, China, and Thailand. It supports more than 50 Bible colleges and supports graduates to found new congregations – Believers Church – and is active in humanitarian work and education.

GFA's mission is to be followers of Christ and to fulfill the Great Commission among the unreached in Asia through training, sending out and assisting qualified laborers in partnership with the Body of Christ. GFA trains and sends national missionaries to reach out into areas and to meet people who have never heard the name of Jesus Christ. GFA brings aid and hope to some of the most downtrodden people in the Eastern Hemisphere.

Through its Bridge of Hope program GFA has educated and nurtured more than 60,000 children to date. GFA carries out its services through various programs such as Clean Water, Compassion Services, Radio in Asia, Flood Relief, Bible Colleges and Children's Ministries.

DONOR ADVISORY: On October 6, 2015, Gospel for Asia US had its membership in the US organization, Evangelical Council for Financial Accountability (ECFA) revoked for standards breaches. ECFA cites infractions relating to governance, financial oversight and truthfulness in communications. This follows a year of controversy and investigation into the lack of transparency and inconsistencies in how funds are distributed. GFA US was a charter member of the ECFA founding in 1979. The ECFA polices the financial integrity of Christian organizations and donors regard membership as a stamp of approval.(1)

Financial Review:

In F2013, GFA's administrative costs were 5% of revenues. Fundraising costs were 2% of donations and are taken from the charity's T3010 CRA filing. GFA has $3.8m of funding reserves which cover 23% of annual program costs.

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 5.0%4.5%4.9%
Fundraising costs as % of donations 2.0%1.9%2.5%
Program cost coverage (%) 23.3%28.5%26.5%

Summary Financial Statements

All figures in $000s
Donations 17,42316,07812,987
Investment income 241513
Total revenues 17,44816,09313,000
Program costs 16,31713,84010,613
Administrative costs 868723642
Fundraising costs 346312324
Cash flow from operations (84)1,2181,421
Funding reserves 3,8043,9422,813
Note: Ci has adjusted foreign exchange gain (loss) affecting revenues by ($4k) in F2013, $0.7k in F2012 and $10.6k in F2011. Ci has adjusted amortization affecting program costs by ($66k) in F2013, ($70k) in F2012 and ($68k) in F2011. Reference source: 1. www.christiantoday.com/article/gospel.for.asia.has.evangelical.council.for.financial.accountability.membership.revoked/66500.htm

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